SpotManager is an auction site where freight forwarders must be invited by an Acuitive customer on a shipment-by-shipment basis. When a customer selects carriers they wish to participate in the bidding process, an email alert for the available shipment is broadcast to the invited forwarders and contains the information about the shipment as well as a way to submit their quote online.
When a routing decision is made, the Acuitive TMS assigns a routing approval number for the shipment and electronically tenders the shipment to the nominated forwarder, including all purchase order details. The information is also sent out via email at the same time.
According to the company, users have publicly reported savings between 25 percent and 40 percent compared to existing contracted rates.
“Our customers have been asking for a way to nimbly change course on a given shipment. Sometimes it’s to test the market to see if they can save some money while other times it’s to strategically divert specific shipments to their secondary providers if and when they begin to see signs that their primary providers are struggling to keep up with the volume,” said Phil Marlowe, Acuitive’s president and chief logistician, in a statement.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
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Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now